Though it is not immediately relevant to Smith, the Union also was
linked with the future market (and quality) of Scotch. And indeed
the mash from producing the liquor helped feed the cattle over the
winter. To see the wonderful set of interconnections, and the role
that taxation of Scotch had (it resulted in it being aged, in the
bonded warehouses--which much improved its quality), go to Peter
Caldwell's doctoral dissertation, or the summary thereof in the
proceedings of the Business History Conference.
Fred Carstensen